Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Who is Behind the Latest Assault on Social Security?

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
jtown1123 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-11 10:17 AM
Original message
Who is Behind the Latest Assault on Social Security?
Edited on Thu Mar-10-11 10:37 AM by jtown1123
OK, so I've been reading a lot of hand wringing and nonsense lately (USA Today, CNN, CNBC, etc.) about how 1/3 of U.S. wages are now "welfare programs" including Social Security (when is Social Security welfare?) So I decided to see where this research came from and it was from this group: http://www.trimtabs.com/global/company.htm

Here is an example of one of these articles: http://www.dailymail.co.uk/news/article-1364450/US-welfare-nation-Government-handouts-make-ONE-THIRD-salaries.html

Can someone please explain to me who understands finance:

1. What does this company, TrimTabs do?

2. What might be their interest in bad mouthing Social Security and other social programs?

3. Why the fuckety fuck do media companies give a shit what their research says...how are they even credible economists to comment?

Thanks!

Update: Trudy Lieberman of Columbia Journalism Review Points out the factual errors and bias in this article:

http://www.cjr.org/the_audit/cnbc_misleads_on_welfare_state_1.php

Unfortunately, this will still be shouted from the rooftops by very concerned Republicans for years to come.
Printer Friendly | Permalink |  | Top
closeupready Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-11 10:24 AM
Response to Original message
1. From what I can gather, he's just someone with an opinion. "Consider the source" is
a millenia-old piece of advice worth following here.

And often, the mainstream media doesn't really care whether or not their 'experts' are worth their salt - they want their 'experts' to merely confirm their biases against social security and in favor of lowering taxes on the rich.
Printer Friendly | Permalink |  | Top
 
jtown1123 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-10-11 10:28 AM
Response to Reply #1
2. It's just so disheartening. I think the erosion of good journalism has so much to do
with why things are so messed up now. People who aren't accustomed to the idea that the media is often wrong and biased (even CNN, ABC, etc.) will believe anything they read or hear, no matter how false it is.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri May 03rd 2024, 09:54 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC